MONTREAL, May 26, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately $475 million CAD in Quebec, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in Quebec. This includes projects to improve the efficiency of CN’s operations at its Taschereau railyard in Dorval, as well as a number of information technology projects that will help better support our customers and modernize our ...

Group 1 - CN plans to invest approximately $165 million CAD in Manitoba as part of its 2025 capital investment program, focusing on track maintenance and strategic infrastructure initiatives [1] - The investment aims to improve operations of rail yards in Winnipeg and ensure the safe movement of goods, supporting long-term sustainable growth in Manitoba and across CN's network [1][2] - In 2024, CN invested approximately $200 million CAD in Manitoba for similar initiatives, highlighting the company's commitment to infrastructure development in the region [2] Group 2 - Tracy Robinson, President and CEO of CN, emphasized that investing in the network is about building for the future and enhancing the resiliency and efficiency of operations [2] - Lisa Naylor, Minister of Transportation and Infrastructure for Manitoba, acknowledged CN's investment as essential for supporting trade and creating growth opportunities for the local economy [2] - In 2024, CN's local spending amounted to $1 billion, with community investments totaling $923,000 and cash taxes paid reaching $75 million [6]

Core Insights - CN plans to invest approximately $615 million CAD in British Columbia as part of its 2025 capital investment program to enhance infrastructure and support long-term growth [1][2] - The investment aims to improve fluidity in the Vancouver corridor and increase capacity across CN's network from Prince Rupert and throughout Western Canada [1][2] - In 2024, CN had already invested about $554 million CAD in British Columbia for track maintenance and infrastructure initiatives [2] Investment Details - The investment will include over $22 million for siding extension projects to enhance fluidity along key corridors from the Port of Vancouver to Kamloops and Fort St John [6] - Specific projects include a $7.6 million initial investment in the multi-year Holdom Overpass project, $2 million for enhancements to the Thornton Tunnel, and $7 million for upgrades to the Lulu Island and Fraser River Bridges [6] Company Overview - CN operates a nearly 20,000-mile rail network, transporting over 300 million tons of goods annually across North America [5] - The company emphasizes its role in connecting Canada's Eastern and Western coasts with the U.S. Midwest and Gulf Coast, contributing to sustainable trade [5] - In 2024, CN reported local spending of $559 million and paid cash taxes amounting to $241 million [6]

Core Insights - Canadian National Railway Company (CNI) is making a significant $600 million CAD investment in Ontario for 2025, indicating strong confidence in the region's economic potential and the future of freight rail [1] - The investment aims to expand capacity, upgrade infrastructure, and integrate advanced technology to meet increasing demand and enhance service reliability across North America's busiest corridors [1][2] Investment Initiatives - Major projects such as the Milton Logistics Hub and the high-efficiency fuel terminal at MacMillan Yard are being advanced, which will reduce congestion, improve fuel efficiency, and provide a competitive edge in logistics [2] - These initiatives are designed not only for current needs but also to ensure sustainable growth for decades to come [2] Economic Impact - CNI already contributes significantly to Ontario's economy with over 4,000 employees, $3 billion in local spending, and more than $130 million paid in taxes last year [3] - The new investment is expected to boost job creation, enhance supply-chain reliability, and solidify Ontario's status as a logistics hub [3] Strategic Focus - CNI is committed to its core strengths of efficiency, innovation, and infrastructure, signaling a determination to lead in sustainable growth [4] - This investment serves as a bullish indicator for investors and supply-chain partners, reflecting CNI's outlook for robust growth ahead [4]

EDMONTON, May 21, 2025 (GLOBE NEWSWIRE) -- CN (TSX : CNR) (NYSE : CNI) announced today plans to invest approximately $510 million CAD in Alberta, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the province. This includes projects to increase intermodal capacity in Edmonton, and continued work to build greater rail capacity along CN’s mainline between Edson and Hinton. These projects will help ensure the safe movement ...

TORONTO, May 21, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately $600 million CAD in Ontario, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the province. This includes projects that continue to invest in technology as well as ongoing multi-year projects that will build capacity and support growth across the network. These projects will help ensure the safe movement of ...

Group 1 - Canadian National Railway Company (CNI) is committing approximately $3.4 billion CAD in capital expenditure for 2025 to enhance network infrastructure and operational resilience across North America [1] - In 2024, CNI invested around $3.5 billion CAD, with $1.7 billion specifically for maintaining the safety and integrity of its network, emphasizing a consistent investment pace and prioritization of safety [2] - The 2025 plan includes expanding capacity in Western Canada with over 225 miles of new rail installation and eight major infrastructure projects aimed at alleviating congestion and improving throughput [3] Group 2 - CNI's strategic capital spending supports broader economic and environmental goals, with targeted investments in urban bottlenecks and infrastructure upgrades in major yards [4] - The company's robust initiatives are expected to strengthen investor confidence and support long-term performance [5]

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Canadian National (CNI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.Canadian National is a member of the Transportation sector. This group includes 125 in ...

MONTREAL, May 15, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced its 2025 capital expenditures program, underscoring its commitment to growing capacity, enhancing safety, and powering sustainable growth across its North American network. CN will invest approximately $3.4 billion CAD in capital projects this year, net of customer reimbursements. This year’s capital program includes approximately $2.9 billion allocated to its maintenance and strategic infrastructure initiatives across Cana ...

Weekend progress toward resolving the trade spat between the United States and China has markets rallying, and railroad stocks are among the big winners.Shares of Union Pacific (UNP 6.25%), CSX (CSX 5.08%), Norfolk Southern (NSC 6.39%), Canadian Pacific Kansas City (CP 4.03%), and Canadian National (CNI 4.51%) were all up more than 5% as of 11 a.m. ET. Get the railcars moving againRailroad stocks are highly sensitive to trade, since most of the goods that are offloaded at ports spend some time on trains bef ...